• From CEOs to Politicians, Here Are the People Who Died in 2018

    5 monthes ago - By Fortune

    Former U.S. President George H.W. Bush, Fiat Chrysler chief executive Sergio Marchionne and Microsoft co-founder Paul Allen were among newsmakers in government, business and finance who died in 2018.
    The business world lost Ingvar Kamprad , founder of the Swedish furniture empire Ikea; Charles Lazarus , who created Toys "R" Us; Kate Spade , the fashion designer who built an accessories empire; Stan Lee , who turned Marvel Comics into a global entertainment juggernaut; and Albert Frere , the Belgian billionaire dealmaker whose empire stretched from energy to alcohol.
    Financial leaders who...
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  • U.S. Options Volume at Record in 2018 as Volatility Rocks Stocks

    5 monthes ago - By Fortune

    A rough year for U.S. stocks has turned out to be a boon for options trading.
    The average number of puts and calls changing hands has surged 22 percent this year as the S&P 500 Index endured two corrections and stocks from banks to small-caps to tech giants sank into a bear market. At 20 million contracts a day, trading is poised to surpass the previous record of 18 million reached in 2011, data compiled by Options Clearing Corp. showed.
    Demand for options, often used by investors to protect against declines in equity holdings, has exploded as volatility came roaring back into the market...
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  • BlackRock, Capital Group, and Pimco Managers Warn of 2019 Risks

    5 monthes ago - By Fortune

    U.S. stocks are looking scary after their worst year in a decade. Credit is risky too. Volatility is back. For many, cash and short-term debt may be the best place to go.
    As fund company executives, portfolio managers and strategists at some of the world's biggest money managers turn to 2019, they're cautioning that returns could be muted across asset classes. They're also urging investors to be increasingly selective in the quest for value. Here's a sampling of views.
    Jurrien Timmer - Fidelity Investments, director of global macro
    U.S. earnings growth will slow to 5 percent to 7 percent...
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